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BULLISH 📈 : Tether Mints 1B $USDT, Targets High-Utility Sectors with SUBBD
- The Tether Treasury minted $1 billion in [USDT](https://holder.io/coins/usdt/), indicating potential increased market activity and buy-side pressure.
- This minting event occurred on the Ethereum network, contributing to a rise in the stablecoin's market cap.
- Institutional investors often convert fiat into stablecoins like [USDT](https://holder.io/coins/usdt/) before entering digital asset markets, suggesting preparation for possible capital inflows.
- The liquidity is expected to rotate from major cryptocurrencies to high-utility altcoins, especially in AI and decentralized applications.
- [Bitcoin](https://holder.io/coins/btc/) consolidation near critical resistance may attract smart money, with further gains anticipated in utility-focused altcoins.
- SUBBD Token leverages AI and Web3 to address inefficiencies in the $85 billion creator economy by reducing fees and providing operational improvements.
- SUBBD offers AI-powered tools for content creators, aiming to enhance engagement and improve revenue retention through blockchain settlement.
- SUBBD raised over $1.47 million during its presale, reflecting demand for AI-centric tokens despite broader market volatility.
- The protocol offers a staking mechanism with a 20% APY incentive, aiming to attract long-term investors.